Longeveron Balance Sheet Health
Financial Health criteria checks 6/6
Longeveron has a total shareholder equity of $6.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.1M and $5.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.36m |
| Equity | US$6.74m |
| Total liabilities | US$5.34m |
| Total assets | US$12.08m |
Recent financial health updates
Will Longeveron (NASDAQ:LGVN) Spend Its Cash Wisely?
Nov 17
Is Longeveron (NASDAQ:LGVN) In A Good Position To Invest In Growth?
Jul 15Companies Like Longeveron (NASDAQ:LGVN) Are In A Position To Invest In Growth
Apr 03Recent updates
Will Longeveron (NASDAQ:LGVN) Spend Its Cash Wisely?
Nov 17Longeveron Inc.: A New Approach To Treat Alzheimer's
Oct 09Longeveron spikes after FDA’s Fast Track Designation for lead candidate
Aug 31Is Longeveron (NASDAQ:LGVN) In A Good Position To Invest In Growth?
Jul 15Longeveron rises ~20%, co to present Alzheimer's trial abstract at leading conference
Jul 07Longeveron: Small-Cap Biotech Targeting Large Alzheimer's Market
May 06Companies Like Longeveron (NASDAQ:LGVN) Are In A Position To Invest In Growth
Apr 03Longeveron: Speculative Biotech Worth A Look On Rare Disease, Aging, And Alzheimer's Focuses
Feb 15Longeveron: Spooky Social-Media Generated Spike Signifies Nothing
Nov 29Is Longeveron (NASDAQ:LGVN) In A Good Position To Deliver On Growth Plans?
Nov 20Financial Position Analysis
Short Term Liabilities: LGVN's short term assets ($5.8M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: LGVN's short term assets ($5.8M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: LGVN is debt free.
Reducing Debt: LGVN had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LGVN has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LGVN is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.